$169,000
SOLD MAY 27, 2016

3077 Promenade Cir Unit 16 Ann Arbor, MI 48108

3 Beds
2.5 Baths
1,242 Sq Ft
$220/mo HOA Fee

Recently Sold

$136 Per Sq Ft

9% Below List Price

59 Days on Market

Highlights

  • Balcony
  • 1 Car Attached Garage
  • Ceiling Fan
  • Huron High School Rated A+
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of January 2023

A must see! Newly painted and carpeted Madison Place condo. It features a neutral decor throughout. Three bedrooms, 2 1/2 baths, open kitchen with dining area and living room with balcony and attached one car garage. Two bedrooms up and one on lower level with bath across the hall. Great location, near shopping, schools, expressways and on the bus line. Rare opportunity to own a Madison Place condo, call today! This is a Fannie Mae HomePath property., Primary Bath

Last Agent to Sell the Property

La Tanya Keith

Keller Williams Ann Arbor Mrkt License #6502101577 Listed on: 03/21/2016

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Anne Gilbert

Howard Hanna Real Estate License #6506039567

Howard Hanna Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 2002

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry on upper level
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Carpenter Elementary School
  • Scarlett Middle School
  • Huron High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts a private road

Community Details

  • Association fees include water, trash, lawn/yard care

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,729

Year Built

Built in 2002

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1242.0
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2729.0
  • Tax Info:Zoning3: res
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1242.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info Elementary School2: Carpenter
  • General Property Info High School: Huron
  • General Property Info Middle School2: Scarlett
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fans
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1242.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Balcony
  • List Price: 184900.0
  • Lot Features: Sidewalk, Site Condo
  • Road Frontage Type: Private Road
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Available, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 220.0
  • Association Info:Assoc Fee Payable: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Lawn/Yard Care

Schools

  • Elementary School: Carpenter
  • High School: Huron
  • Middle/Junior School: Scarlett

Lot Info

  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2729.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 25, 2023
Sold by
Cui Xinyl
Bought by
Thum Alex
Seller's Agent
Darlene McLane Dresch
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Kayla Starck
@properties Christie's Int'lAA
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$302,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,836
Original Mortgage
$135,000
Outstanding Balance
$131,001
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 26, 2020
Sold by
Bender Jonathan D
Bought by
Cui Xinyi
Seller's Agent
Anne Gilbert
Howard Hanna Real Estate
Buyer's Agent
No Member
Non Member Sales
List Price
$234,900
Sold Price
$232,500
Premium/Discount to List
-$2,400
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$180,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 24, 2016
Sold by
Fannie Mae
Bought by
Bender Jonathan D
Seller's Agent
La Tanya Keith
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Anne Gilbert
Howard Hanna Real Estate
List Price
$184,900
Sold Price
$169,000
Premium/Discount to List
-$15,900
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$169,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2012
Sold by
Gmac Mortgage Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 5, 2012
Sold by
Rathinavelu Sivaprakash and Sivapraskash Ts Vinu
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Nov 25, 2002
Sold by
Westminster Abbey Homes Llc
Bought by
Rathinavelu Sivaprakash and Sivaprakash Vinu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,798
Interest Rate
6.23%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $269,900 --
Warranty Deed $232,500 Barristers Settlement & Titl
Warranty Deed $232,500 None Available
Deed $169,000 None Available
Interfamily Deed Transfer -- None Available
Sheriffs Deed $142,709 None Available
Warranty Deed $176,945 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $169,000 Adjustable Rate Mortgage/ARM
Previous Owner $161,798 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $269,900 0.0% $176 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/13/2022 12/13/22 For Sale $269,900 +16.1% $176 / Sq Ft
05/27/2020 05/27/20 Sold $232,500 -1.0% $152 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $234,900 +39.0% $153 / Sq Ft
05/27/2016 05/27/16 Sold $169,000 -8.6% $136 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $184,900 -- $149 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,884 $134,829 $0 $0
2024 $3,466 $135,129 $0 $0
2023 $3,139 $121,300 $0 $0
2022 $4,709 $115,500 $0 $0
2021 $4,669 $113,600 $0 $0
2020 $3,664 $107,300 $0 $0
2019 $3,451 $90,300 $90,300 $0
2018 $3,396 $87,300 $0 $0
2017 $3,852 $84,100 $0 $0
2016 $1,769 $54,873 $0 $0
2015 -- $54,709 $0 $0
2014 -- $53,000 $0 $0
2013 -- $53,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23062397

Southwestern Michigan Association of REALTORS®

APN: 12-12-210-016